European SME service management software company Asolvi has acquired Vantage Computing.
The procurement of Vantage Computing will enable a large number of Asolvi’s customers to benefit from Vantage Online: Vantage Computing’s cloud-based product, currently providing streamlined and in-depth insights for 150 organisations. Now underneath the Asolvi umbrella, Vantage Computing’s software solution will reach even more small to mid-sized businesses and be further developed for this purpose.
The acquisition – Asolvi’s fourth in three years, with three of its purchased companies being the UK in origin – means that together the companies will have more than 1,000 customers across 35+ countries.
Asolvi CEO Pål M. Rødseth said that the acquisition was a natural move: “Previously a competitor of Purpose Software, which we acquired last month, Vantage Computing complements our Evatic solution as it will help reach more customers that are smaller in size. We are very excited to work with Tony Milford and his team and are looking forward to drawing on the strength of the Asolvi family to utilise Vantage Computing to its full potential. Tony and I believe that both companies will be stronger together and that we’ll be able to generate efficient and seamless services for a large section of the industry.”
Vantage Computing CEO Tony Milford said that it made sense to be part of the Asolvi family: “Bringing the teams together means that we can develop and build better products on a more solid foundation with Asolvi. We are incredibly excited to be one of the component companies within the market leader in service management solutions for document management, and I look forward to continuing the journey as a part of the Asolvi family.”
Asolvi has been buying up large lately. It bought Tesseract (in 2016), WS Software (in 2017), and, most recently, Purpose Software in January 2019. It adds Vantage Computing’s Vantage Online and Service Accent, Purpose Software’s 2Serv and CBS solutions to its broadening product suite, which already includes the world-renowned Evatic, Tesseract and WinServ solutions.
